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OverviewIn this book, Sir John Hicks draws together the common threads of over 50 years' writing on monetary economics into a succint statement of the fundamentals of monetary theory. He also goes beyond this work of synthesis to outline a theory of competitive markets which can be linked to the monetary sector, confronting the failure of both standard classical and neoclassical theory to fill the gap between monetary and non-monetary economics. In reviewing his own work, Hicks explains the way in which economic theory has been adjusted to reflect developments in the real economy. He sees these sometimes major shifts in theory less as the discovery of new truths, and more as the discovery, or rediscovery, of truths which have become more appropriate. Full Product DetailsAuthor: John Hicks (Late Drummond Professor of Political Economy, Late Drummond Professor of Political Economy, University of Oxford)Publisher: Oxford University Press Imprint: Oxford University Press Dimensions: Width: 13.90cm , Height: 0.90cm , Length: 21.70cm Weight: 0.204kg ISBN: 9780198796237ISBN 10: 0198796234 Pages: 152 Publication Date: 30 March 2017 Audience: College/higher education , Professional and scholarly , Tertiary & Higher Education , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: To order  Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us. Table of ContentsIntroduction Part I. The Working of Markets 1: Suppy and Demand? 2: The Function of Speculation 3: The Pricing of Manufactures 4: The Labour Market Part II. Money and Finance 5: The Nature of Money 6: The Market Makes its Money 7: Banks and Bank Money 8: Choice among Assets 9: Theories of Interest: Keynes versus Marshall 10: Markets in Equities: Ownership and Control Part III. Problems and Policies 11: The Old Trade Cycle 12: The Credit Economy: Wicksell 13: Interest and Investment 14: An Intetrnational Economy 15: What is Bad about Inflation? Appendix: Risk and UncertaintyReviews'It is a good reminder of how much we have learnt from him.' Times Higher Education Supplement `magisterial with plentiful supply of new terminology' Economica clearly destined to take on a special significance to historians of thought as the final contribution of one of the most influential economists of the twentieth century ... The completed volume achieves everything that Hicks' admirers could have hoped for, and represents a remarkable accomplishment for a scholar at the end of a long and uniquely distinguished career spanning more than sixty years.' John N. Smithin, York University, Eastern Economic Journal 'It is a good reminder of how much we have learnt from him.' Times Higher Education Supplement 'magisterial with plentiful supply of new terminology' Economica clearly destined to take on a special significance to historians of thought as the final contribution of one of the most influential economists of the twentieth century ... The completed volume achieves everything that Hicks' admirers could have hoped for, and represents a remarkable accomplishment for a scholar at the end of a long and uniquely distinguished career spanning more than sixty years.' John N. Smithin, York University, Eastern Economic Journal Author InformationSir John Hicks, late Drummond Professor of Political Economy, University of Oxford Tab Content 6Author Website:Countries AvailableAll regions |
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